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GLOBAL RALLY

European Stocks Hit Post-Crisis Highs

What recession? A day after the Dow hit an all-time high, European stocks hit their highest levels since 2008. News that central banks worldwide—notably the ECB, Bank of England, Bank of Japan, and the Federal Reserve—would continue their easy monetary policy drove the buying frenzy. Stocks are rallying despite glum economic data in Europe.

March 6, 2013 8:57 AM